Newsroom

Repeal of the 2015 Waters of the United States rule is a victory for clean water and clear rules. As farmers, we share the goal of protecting the nation’s water, but the 2015 Waters of the United States rule was unreasonable and unworkable. It made conservation more difficult and created huge liabilities for farmers.

Excitement is building for the kickoff of the Kentucky State Fair Thursday, August 15. Kentucky Venues President David Beck talks about the fair, how many people will come through the gates, where people come from and the important role the fair plays in showcasing Kentucky Agriculture.

Kentucky celebrated farmers markets last week with Agriculture Commissioner Ryan Quarles recognizing the importance. Commissioner Quarles talks about the number of farmers markets in the state, where they are located, what they offer customers and how they impact each community.

CBOT futures traded lower overnight but rallied throughout the day session even as the U.S. equity markets were falling lower and lower due to the escalation of the US/China trade dispute. Cattle futures closed variably higher after suffering sharply lower opening trade due to the sharp losses in equities and other commodity futures. Lean Hog futures closed extremely mixed with the August LH up 1.57 and the May20 LH down 2.97.

Grain futures followed the lead of the financial markets in dropping sharply as news broke that President Trump will place a new 10% tariff on $300 billion of Chinese products effective September 1. Live Cattle futures closed higher, recovering much of yesterday’s losses. LC ignored the negative news and price action in many other ag futures and the US financial markets. Lean Hog futures beyond the nearby August LH closed sharply lower, adding to yesterday’s limit-down losses.